Author: Eric Sheetz

Minnesota Dems Introduce Legalization Bill

Democratic lawmakers in Minnesota wasted no time in their efforts to legalize recreational marijuana in the state this year, as they introduced a bill on Thursday that would do just that.  The legislation, spanning 243 pages, “would set up a regulatory framework and permit cannabis use for any reason for people 21 and older,” according […]

Illinois Hits Marijuana Milestone With Record $1.5 Billion In Adult-Use Sales In 2022, Data Shows

Illinois marijuana sales reached a record high of more than $1.5 billion in 2022—and this past December marked the strongest sales month to date—officials announced on Friday. The Illinois Department of Financial and Professional Regulation (IDFPR) said that “2022 set adult use cannabis sales records in all categories it tracks.” That includes a yearly adult-use […]

Montana Tops $200 Million in First Year of Recreational Pot Sales

Montana raked in more than $200 million in its first year of recreational cannabis sales, the state reported this week. The Montana Department of Revenue released figures detailing how much money was generated in both medical and recreational marijuana sales in 2022. Last year marked the launch of the state’s recreational marijuana market. Voters there […]

Colorado Psychedelics Decriminalization Takes Effect

Psychedelics including psilocybin are now officially decriminalized in Colorado, where voters decided last month to end criminal penalties for possessing the drugs. Colorado Governor Jared Polis issued a proclamation on Tuesday declaring that Proposition 122, also known as the Natural Medicine Health Act, had passed muster with the voters in last month’s election.  “Coloradans voted […]

FDA Mulls Over CBD Regulation

The Food and Drug Administration (FDA) is apparently eyeing new regulations for certain CBD products, with an announcement from the federal agency expected in the coming months.  The Wall Street Journal, citing agency officials, reported this week that the FDA is “studying whether legal cannabis is safe in food or supplements and plans to make […]